Section 301 – Investment of State Post-Retirement Benefits Trust Fund.

67-19d-301. Investment of State Post-Retirement Benefits Trust Fund. (1) The state treasurer shall invest the assets of the State Post-Retirement Benefits Trust Fund created under Section 67-19d-201 and the Elected Official Post-Retirement Benefits Trust Fund created under Section 67-19d-201.5 with the primary goal of providing for the stability, income, and growth of the principal. (2) […]

Section 302 – State treasurer to follow “prudent investor” rule — Standard of care.

67-19d-302. State treasurer to follow “prudent investor” rule — Standard of care. (1) The state treasurer shall invest and manage the trust fund assets as a prudent investor would, by: (a) considering the purposes, terms, distribution requirements, and other circumstances of the trust fund; and (b) exercising reasonable care, skill, and caution in order to […]